MOKAN Wealth Management Inc. Purchases New Position in W.W. Grainger, Inc. $GWW

MOKAN Wealth Management Inc. acquired a new stake in W.W. Grainger, Inc. (NYSE:GWW) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,312 shares of the industrial products company’s stock, valued at approximately $1,251,000.

Other hedge funds have also recently modified their holdings of the company. Hilltop National Bank purchased a new stake in W.W. Grainger during the 2nd quarter valued at about $25,000. Quaker Wealth Management LLC boosted its stake in W.W. Grainger by 196.0% during the second quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company’s stock worth $25,000 after buying an additional 49 shares during the period. Accredited Investors Inc. purchased a new stake in W.W. Grainger in the third quarter valued at approximately $25,000. Brown Lisle Cummings Inc. lifted its stake in W.W. Grainger by 316.7% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 19 shares in the last quarter. Finally, Loomis Sayles & Co. L P purchased a new stake in shares of W.W. Grainger during the second quarter worth $27,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Stock Up 0.8%

Shares of NYSE GWW opened at $1,066.76 on Friday. The firm’s 50 day moving average price is $1,000.05 and its 200 day moving average price is $991.75. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.59 and a current ratio of 2.72. The firm has a market cap of $50.72 billion, a P/E ratio of 29.91, a price-to-earnings-growth ratio of 2.60 and a beta of 1.12. W.W. Grainger, Inc. has a 1 year low of $893.99 and a 1 year high of $1,139.15.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings data on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, beating analysts’ consensus estimates of $9.95 by $0.26. W.W. Grainger had a return on equity of 49.40% and a net margin of 9.75%.The business had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.64 billion. During the same quarter in the previous year, the business earned $9.87 earnings per share. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. As a group, sell-side analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 10th were paid a dividend of $2.26 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $9.04 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger’s dividend payout ratio (DPR) is currently 25.35%.

Insiders Place Their Bets

In related news, VP Krantz Nancy L. Berardinelli sold 195 shares of W.W. Grainger stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $1,023.93, for a total value of $199,666.35. Following the transaction, the vice president owned 3,174 shares in the company, valued at approximately $3,249,953.82. This trade represents a 5.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Donald G. Macpherson sold 14,523 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $972.81, for a total value of $14,128,119.63. Following the sale, the chief executive officer directly owned 107,862 shares of the company’s stock, valued at approximately $104,929,232.22. This trade represents a 11.87% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 26,881 shares of company stock worth $26,157,155. 6.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada lifted their price objective on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a research report on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of W.W. Grainger in a report on Monday, December 29th. JPMorgan Chase & Co. lifted their price target on shares of W.W. Grainger from $1,045.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Sanford C. Bernstein started coverage on W.W. Grainger in a research report on Wednesday, November 12th. They set a “market perform” rating and a $975.00 target price on the stock. Finally, Morgan Stanley dropped their price target on W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $1,016.57.

About W.W. Grainger

W.W. Grainger, Inc (NYSE: GWW) is an industrial supply distributor founded in 1927 and headquartered in Lake Forest, Illinois. The company supplies maintenance, repair and operations (MRO) products and services to businesses, institutions and government customers. Over its long history Grainger has developed a broad product assortment and a national distribution network that supports operations across a range of end markets, including manufacturing, healthcare, hospitality, transportation and public sector organizations.

Grainger’s product portfolio spans core categories such as electrical and lighting, safety and personal protective equipment, material handling, motors and power transmission, plumbing and HVAC, fasteners and adhesives, hand and power tools, and janitorial and facility supplies.